LAHORE: A banking court in Lahore on Friday directed the authorities concerned to place the names of the cousins of former prime minister Nawaz Sharif on the Exit Control List (ECL).
The court gave this direction after Shahid Shafi, Tariq Shafi, Javed Shafi, Ali Pervaiz and Ibrahim Tariq failed to appear in court. It further called for their passports and national identity cards to be blocked as well.
“The accused were served with subpoenas time and again but they didn’t appear and flew abroad instead,” the judge noted.
Also Read: Arrest warrant of Nawaz Sharif’s cousins issued
A lawyer, who represented different banks, stated that the case was instituted against the accused persons for allegedly defaulting on loans worth Rs700 million obtained for Ittifaq and Kashmir sugar mills.
It was submitted that the former premier’s cousins were served multiple notices by the banks to pay back the loan but to no avail. The court, therefore, was requested to order action against them as per relevant laws.
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